Plan Snapshot
- Plan Sponsor: Exagrid Systems, INC.
- Sponsor EIN: 043584420
- Sponsor Address: 100 CAMPUS DRIVE, MARLBOROUGH, MA, 01752
- Plan Type: 401(k)
- Total Participants: 282
- Total Assets: $34.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 282 | $34.9M | $0 | $3.8M |
| 2023 | 244 | $27.7M | $0 | $3.3M |
| 2022 | 224 | $22.2M | $0 | $2.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| DOWNEY AND COMPANY LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $44,214 | $6,258 | — | — | — |
| 2023 | $32,943 | $5,491 | — | — | — |
| 2022 | $32,945 | $4,472 | — | — | — |